15050 Sherman Way 139, Van Nuys, California 91405, Van Nuys, 91405 - 2 bed, 2 bath
ACTIVE$499,900
15050 Sherman Way 139, Van Nuys, California 91405
2Beds
2Baths
1,309Sqft
142,506Lot
Year Built
1981
Close
-
List price
$500K
Original List price
$575K
Price/Sqft
$382
HOA
$495
Days on market
-
Sold On
-
MLS number
PW24233512
Home ConditionFair
Features
Deck
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $499.9K(73th), sqft - 1309(80th), beds - 2(50th), baths - 2(50th).
Tourist spot style living at the beautiful Parkwood Community in Van Nuys! This well-maintained gated neighborhood brings excellent amenities and contemporary upgrades. This amazing tri-level Unit displays 2 bedrooms, 2 bathrooms, upstairs is the master bedroom with a large closet, there is a cozy balcony off the master bedroom, downstairs level is where the second bedroom is locate. I t has plenty of closet space. updated quartz kitchen counters, a beautiful stone fireplace. This home is a well maintained ,FHA approved complex. Its also includes 2 tandem parking spaces, a spacious storage room, access to multiple EV chargers . This home has easy access to Lake Balboa Recreational Park, the 405, numerous restaurants ,shopping and entertainment.
Nearby schools
4/10
Valerio Street Elementary School
Public,•K-5•0.3mi
2/10
Columbus Avenue School
Public,•K-5•0.6mi
4/10
Bassett Street Elementary School
Public,•K-5•0.9mi
3/10
Bassett Street Elementary School
Public,•PK-5•0.9mi
4/10
Cohasset Street Elementary School
Public,•K-5•1.1mi
3/10
Cohasset Street Elementary School
Public,•K-5•1.1mi
4/10
Sylvan Park Elementary School
Public,•K-5•1.1mi
3/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.1mi
1/10
Andres And Maria Cardenas Elementary School
Public,•K-5•1.1mi
3/10
Van Nuys Elementary School
Public,•K-5•1.2mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•1.2mi
3/10
Michelle Obama Elementary
Public,•K-5•1.4mi
5/10
Noble Avenue Elementary School
Public,•K-5•1.5mi
4/10
Burton Street Elementary School
Public,•K-5•1.7mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•1.8mi
4/10
Kittridge Street Elementary School
Public,•K-5•1.9mi
3/10
Langdon Avenue Elementary School
Public,•K-5•2.1mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.3mi
6/10
Erwin Elementary School
Public,•K-5•2.4mi
3/10
Gault Street Elementary School
Public,•K-5•2.4mi
3/10
Gault Street Elementary School
Public,•K-5•2.5mi
7/10
Stagg Street Elementary School
Public,•K-5•2.7mi
4/10
Parthenia Street Elementary School
Public,•K-5•2.8mi
3/10
Vista Middle School
Public,•6-8•1.5mi
2/10
Van Nuys Middle School
Public,•6-8•2.2mi
5/10
William Mulholland Middle School
Public,•6-8•2.6mi
5/10
James Madison Middle School
Public,•6-8•2.6mi
3/10
William Mulholland Middle School
Public,•6-8•2.6mi
7/10
Oliver Wendell Holmes Middle School
Public,•6-8•3.7mi
3/10
Northridge Middle School
Public,•6-8•4.0mi
3/10
Robert Fulton College Preparatory School
Public,•6-12•0.5mi
6/10
Van Nuys Senior High School
Public,•9-12•0.8mi
2/10
Panorama High School
Public,•9-12•1.3mi
3/10
James Monroe High School
Public,•9-12•2.7mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.0mi
6/10
John H. Francis Polytechnic
Public,•9-12•3.6mi
7/10
Northridge Academy High
Public,•9-12•4.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.8mi
Condition Rating
Fair
Built in 1981, this property is well-maintained and features some contemporary upgrades, notably the updated quartz kitchen counters and newer stainless steel appliances. The flooring throughout is a mix of well-kept laminate/LVP and clean carpet, and some light fixtures are modern. However, the kitchen cabinets, while painted white, retain an older style, and the bathrooms appear largely original or last updated several decades ago, showing dated fixtures, vanities, and tile work. While move-in ready, the bathrooms would likely require updating for a buyer seeking a fully modern aesthetic, aligning with the 'Fair' condition criteria of being aged but maintained with occasional updates, and showing signs of being outdated in key areas.
Pros & Cons
Pros
Great Schools: Elementary School: Kester Avenue Elementary School (9/10).
Community & Amenities: Located in the well-maintained, gated Parkwood Community, offering excellent amenities and a secure living environment.
Contemporary Upgrades: The unit features contemporary upgrades, including updated quartz kitchen counters and a beautiful stone fireplace, enhancing its modern appeal.
FHA Approved Complex: The complex is FHA approved, which broadens the potential buyer pool and offers more financing options.
Parking & EV Charging: Includes practical features such as 2 tandem parking spaces, a spacious storage room, and access to multiple EV chargers.
Prime Location & Accessibility: Offers easy access to Lake Balboa Recreational Park, the 405 freeway, numerous restaurants, shopping, and entertainment options.
Cons
Tri-Level Layout: The tri-level unit design may not appeal to all buyers, particularly those seeking single-level living or with mobility considerations.
High Association Fee: A monthly association fee of $495.0 represents a significant recurring cost that buyers must factor into their budget.
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $575,000 to $499,900, which may raise questions about its market value or previous overpricing.